{"data":{"id":"us-ky/krs-220.450","jurisdiction":"us-ky","citation":"KRS 220.450","heading":"Use of surplus in operating fund.","body":"If a surplus is accumulated in the operation and maintenance fund equal to the cost of\nmaintaining and operating the works of the district during the remainder of the calendar,\noperating or fiscal year, as may be provided by the resolution required by KRS 220.440,\nand the cost of maintaining and operating the works during the succeeding like calendar,\noperating or fiscal year, any excess over that amount may be transferred at any time by\nthe board of directors to the depreciation account to be used for improvements, extensions\nor additions to the works.","path":["KRS Chapter 220"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=9817","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:52:32Z","sha256":"446ee8cb925cc24dba73f397035d54a310e69c90c5993a9ef8e715ad7ffe7904","source_id":"us-ky","stale":false,"prev":"us-ky/krs-220.440","next":"us-ky/krs-220.460"},"notice":"GroundRules: Original legal text. Not legal advice."}